CNP Options History — July 2024

In July 2024, CNP traded between $27.71 and $30.56. ATM implied volatility averaged 19.7%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 6.7% (HV 20d: 26.5%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 2.24.

Notable Days

  • 2024-07-15: Highest Volume — 7,002 contracts
  • 2024-07-15: Largest IV spike — 24.3% change
  • 2024-07-15: Highest IV Rank — 66.1%
  • 2024-07-15: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.32$27.71$30.56$30.52$27.71
Max Pain$29.45$29.00$30.00$30.00$29.00
ATM IV19.7%14.1%24.1%14.6%17.6%
Expected Move5.8%4.2%6.9%4.2%5.1%
HV 20d26.5%16.0%33.7%17.2%33.6%
HV 60d20.6%16.3%24.0%17.4%24.0%
IV Rank40.7%8.6%66.1%11.4%28.7%
IV Percentile61.2%3.6%92.5%6.3%38.1%
Term Structure-1.4%-3.6%2.7%2.5%0.0%
VWIV20.7%14.4%26.8%14.4%18.6%
Skew 25d2.7%-0.4%4.9%1.5%0.4%
Skew 10d7.2%-0.3%19.4%1.3%-0.3%
Call IV 25d19.0%12.0%23.6%12.8%19.6%
Put IV 25d21.7%13.0%27.4%14.3%20.1%
Bid-Ask Spread %80.7066.41101.1180.1395.50
Gamma HHI0.250.170.300.300.20
Net GEX504.4K-145.0K848.5K846.0K-145.0K
Net DEX-3.0M-9.7M8.4M-9.6M8.4M
Net VEX-57.1K-83.6K-34.5K-47.2K-66.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.240.158.791.001.27
Total Volume1,277.636257,00266610
Total OI15,315.31810,49422,64610,49422,646

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$30.52$30.0014.6%4.2%17.2%11.4%14.4%1.5%2.5%846.0K-9.6M-47.2K1.0080.13N/AN/A33338,0182,476
2024-07-02$30.56$30.0014.8%4.3%16.6%12.7%14.5%2.9%1.8%848.5K-9.7M-47.3K2.0592.17N/AN/A741528,0292,506
2024-07-03$30.37$30.0015.2%4.4%16.7%14.9%16.1%-0.4%2.7%786.0K-8.5M-48.0K1.73101.11N/AN/A15268,0892,649
2024-07-05$30.51$30.0014.1%5.0%16.0%8.6%20.1%2.4%-0.8%781.7K-9.1M-47.3K0.3966.41N/AN/A1878,0912,731
2024-07-08$30.30$30.0015.7%5.5%16.0%17.3%19.0%2.5%-1.5%730.8K-8.0M-45.9K0.1575.26N/AN/A248368,1002,742
2024-07-09$29.70$30.0018.2%5.6%17.5%31.8%19.4%2.0%-1.4%562.9K-4.7M-43.7K8.7972.07N/AN/A756598,0272,761
2024-07-10$29.41$30.0020.5%5.9%17.7%45.2%21.5%3.9%-2.5%305.8K-2.6M-43.2K4.5377.22N/AN/A2029158,0363,364
2024-07-11$29.63$30.0019.9%5.7%17.2%41.5%20.1%2.3%-1.7%364.0K-4.4M-44.6K3.9975.97N/AN/A1465838,1643,648
2024-07-12$30.38$30.0019.4%5.6%19.5%38.9%19.9%2.8%-1.8%674.5K-8.4M-45.1K4.3276.13N/AN/A1305618,1133,841
2024-07-15$28.20$30.0024.1%6.9%32.6%66.1%26.8%4.9%-3.2%-56.3K3.8M-34.5K3.9970.34N/AN/A1,4045,5988,1764,355
2024-07-16$28.74$29.0021.5%6.2%33.7%50.7%24.6%4.6%-1.2%278.0K2.0M-51.7K1.9178.12N/AN/A7071,3498,9796,570
2024-07-17$28.59$29.0022.2%6.4%33.7%55.0%23.0%2.8%-2.4%172.2K3.0M-51.4K0.8283.42N/AN/A6495319,2616,715
2024-07-18$28.84$29.0022.3%6.4%33.6%55.8%22.7%3.6%-2.9%400.6K495.4K-56.1K0.1990.48N/AN/A2,5594979,7176,999
2024-07-19$28.96$29.0021.9%6.3%33.5%53.5%22.2%4.3%-2.0%621.8K-969.3K-61.8K0.5988.20N/AN/A1,00358710,6407,100
2024-07-22$28.98$29.0022.4%6.4%33.5%56.1%23.8%3.9%-2.5%443.3K-3.0M-65.8K0.2180.10N/AN/A2,2924809,7456,184
2024-07-23$28.79$29.0021.7%6.2%33.1%52.1%21.3%4.4%-2.3%558.9K-1.6M-70.3K4.5981.62N/AN/A19991311,9916,576
2024-07-24$29.05$29.0021.5%6.2%31.9%51.2%21.0%3.1%-1.8%604.0K-3.1M-75.8K0.3676.09N/AN/A1,10839912,1387,239
2024-07-25$28.93$29.0021.9%6.3%31.8%53.5%21.7%3.2%-2.4%591.0K-1.6M-78.1K0.4480.48N/AN/A23510312,7637,591
2024-07-26$29.34$29.0022.9%6.6%31.9%59.3%21.8%2.1%-3.6%725.5K-5.7M-83.6K2.2467.78N/AN/A6815212,9877,639
2024-07-29$29.16$29.0023.2%6.7%31.9%61.0%25.2%2.3%-3.4%708.7K-3.6M-79.3K3.0082.01N/AN/A10030013,0107,644
2024-07-30$28.45$29.0017.7%5.1%32.7%29.3%17.7%0.4%0.8%294.7K2.0M-69.0K2.6984.89N/AN/A6381,71413,0597,828
2024-07-31$27.71$29.0017.6%5.1%33.6%28.7%18.6%0.4%0.0%-145.0K8.4M-66.3K1.2795.50N/AN/A26934113,4349,212